AmeriServ Financial Inc. (NASDAQ:ASRV) Declares Quarterly Dividend of $0.03

AmeriServ Financial Inc. (NASDAQ:ASRV) announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, May 4th will be given a dividend of 0.03 per share by the financial services provider on Monday, May 18th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, May 4th.

AmeriServ Financial has increased its dividend by an average of 0.0%per year over the last three years.

AmeriServ Financial Price Performance

Shares of NASDAQ ASRV traded down $0.04 during midday trading on Friday, reaching $3.93. The company’s stock had a trading volume of 4,428 shares, compared to its average volume of 12,322. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.87 and a current ratio of 0.87. AmeriServ Financial has a fifty-two week low of $2.35 and a fifty-two week high of $4.04. The business’s 50 day moving average price is $3.77 and its two-hundred day moving average price is $3.41. The company has a market cap of $66.57 million, a P/E ratio of 11.89 and a beta of 0.47.

AmeriServ Financial (NASDAQ:ASRV) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.11 earnings per share for the quarter. AmeriServ Financial had a net margin of 6.20% and a return on equity of 4.78%. The company had revenue of $14.80 million during the quarter.

AmeriServ Financial Company Profile

AmeriServ Financial, Inc is a holding company, which engages in the provision of consumer, mortgage and commercial financial products and services through its subsidiary. It operates through the following segments: Community Banking, Wealth Management, and Investment or Parent. The Community Banking segment includes both retail and commercial banking activities. The Wealth Management segment involves in the operations of a Trust Company, West Chester Capital Advisors an investment advisory firm, and Financial Services.